20044 Atlantic Ave #E-76, Rehoboth Beach, DE 19971

Community Owner exercised it first right of refusal to purchase the home for 1% higher than the Buyer's Contract Price (25 Del. C. Sec. 7013). Hurry so you can enjoy the best part of summer in this “small but mighty” home - And then enjoy everyone’s favorite “shoulder season” from Labor Day through the winter holidays. Ideal as a vacation get-away, but it could be just right for your year-round residence. "As Is" at this value price! The home's location has the beautiful Rehoboth boardwalk and beaches just a short 2-mile drive from the Sea Air Village community entrance! And the Cape Henlopen State Park is about 6.5 miles away. The DART bus has a stop just outside of the community at the IHOP restaurant for those days when you don’t want to hunt for parking. Plus, there is a large community pool two blocks away. This 1971 Skyline is a 12’x52’ singlewide, plus it has a 200 sq. ft. enclosed porch for +800 sq. ft. of space. The living room opens to the nicely appointed kitchen. The kitchen has a fridge with ice maker and stainless steel appliances including, a smooth-top electric range, built-in microwave & a dishwasher. Hall laundry with a stackable washer & dryer. Full bath has a tub/shower. Main bedroom is at the rear of the house. The second, smaller bedroom is next to the living room. The sliding glass door in the hall leads out to the side deck, which is a great place for your BBQ grill. Outdoor shower. Newer electric panel. Leased LP gas tanks. Property is subject to an annually-renewable leasehold interest: Lot Rent is approximately $678/mt. (any future lot rent increases are capped as per 25 Del. C. Sec 7050-7053). Water is included in the lot rent with Buyer paying for all other utilities. A Park application is required, and a Buyer will be accepted as a Resident based on the following criteria: 1.)income verification, 2.)credit bureau score, including evaluation of debt-to-income ratio, and 3.)criminal background check. Note: Rentals and subletting are NOT permitted in this community - but friends & family may always visit. Two pets (no dog breed restrictions per 2017 Delaware law, HB13 from 149th General Assembly). "Cash is King," but financing may be available to qualified borrowers from only a very, very few Lenders that specialize in installment/chattel loans for pre-HUD (those built prior to June 15, 1976) mobile homes on leased land. Closing costs will include 3.75% DMV Doc Fee & Settlement Agent